Real Estate
The plan will issue RFPs following adoption of a new asset allocation in June.
Plan added $145.4 million in alternatives commitments through the first half of the year.
The fund will continue the firm’s value-add transitional lending strategy.
He will be responsible for all aspects of the acquisition process.
The plan is also working to narrow its infrastructure manager search.
The plan will add three value managers to its international equity portfolio.
The plan hired an infrastructure manager and committed $1.5 billion in the second quarter.
The search is for North American value-add and opportunistic real estate funds.
The plan hired a new global equity manager to handle a $500 million mandate and added 13 other commitments last month.
Plan will review non-core real estate and private equity search reports provided by general investment consultant AndCo Consulting next month.